What the executives and directors of Baxter International actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| Hider Andrew P. President and CEO | CEO | 572.2K | — | — |
| Grade Joel T. EVP and CFO | CFO | 271.7K | — | — |
| ALMEIDA JOSE E Chairman, CEO, President | CEO | 243.6K | — | — |
| Mason Jeanne K EVP, Chief HR Officer | Officer | 199.9K | — | — |
| Knight Heather EVP, Chief Operating Officer | COO | 141.7K | — | — |
| Rosenbloom David S. EVP and General Counsel | Officer | 138.2K | — | — |
| Sonig Alok EVP,Group President,Pharma | Officer | 128.2K | — | — |
| Rasul Reazur EVP,Group Pres,Healthcare | Officer | 125.6K | — | — |
| Toth Christopher A. EVP, Group Pres, Kidney Care | Officer | 105.2K | — | — |
| Soriano Maria Cecilia Group Pres., ITT & Pharma. | Officer | 75K | — | — |
| Shafer David Brent | Director | 72.8K | — | — |
| Borzi James W EVP,Chief Supply Chain Officer | Officer | 71.9K | — | — |
| Wallace Steven P. President, Adv. Surgery | Officer | 70.1K | — | — |
| Stevens Brian SVP, CAO & Controller | Officer | 67.5K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2024-03-01 | Mason Jeanne K (Officer) | Planned sale (10b5-1) | 64.5K | $40.61 | $2.6M |
| 2023-03-20 | STROUCKEN ALBERT P L (Director) | Discretionary sale | 3,930 | $37.52 | $147K |
| 2023-02-21 | Kunzler Jacqueline (Officer) | Discretionary sale | 3,813 | $40.50 | $154K |
| 2023-01-17 | Mason Jeanne K (Officer) | Discretionary sale | 59.5K | $44.70 | $2.7M |
| 2022-04-05 | HELLMAN PETER S (Director) | Discretionary sale | 1,193 | $76.63 | $91K |
| 2022-04-05 | HELLMAN PETER S (Director) | Discretionary sale | 2,827 | $75.76 | $214K |
| 2022-04-05 | STROUCKEN ALBERT P L (Director) | Discretionary sale | 1,215 | $76.63 | $93K |
| 2022-04-05 | STROUCKEN ALBERT P L (Director) | Discretionary sale | 2,805 | $75.76 | $213K |
| 2022-04-01 | FORSYTH JOHN D (Director) | Discretionary sale | 1,005 | $77.68 | $78K |
| 2022-03-01 | FORSYTH JOHN D (Director) | Discretionary sale | 1,005 | $84.82 | $85K |
| 2022-02-28 | Stevens Brian (Officer) | Discretionary sale | 175 | $86.07 | $15K |
| 2022-02-28 | Stevens Brian (Officer) | Discretionary sale | 2,325 | $85.46 | $199K |
| 2022-02-14 | Mason Jeanne K (Officer) | Discretionary sale | 18.3K | $85.54 | $1.6M |
| 2022-02-14 | Mason Jeanne K (Officer) | Discretionary sale | 35.8K | $84.75 | $3M |
| 2022-02-02 | Chen Thomas F (Director) | Discretionary sale | 1,680 | $84.53 | $142K |
| 2022-02-01 | FORSYTH JOHN D (Director) | Discretionary sale | 1,005 | $85.59 | $86K |
| 2021-11-01 | Martin Sean (Officer) | Discretionary sale | 1,574 | $80.03 | $126K |
| 2021-11-01 | Martin Sean (Officer) | Discretionary sale | 19.9K | $79.53 | $1.6M |
| 2021-08-02 | Martin Sean (Officer) | Discretionary sale | 19.8K | $77.26 | $1.5M |
| 2021-04-12 | Frye Andrew (Officer) | Discretionary sale | 11K | $84.79 | $933K |
| 2021-04-05 | HELLMAN PETER S (Director) | Discretionary sale | 4,990 | $84.56 | $422K |
| 2021-04-05 | STROUCKEN ALBERT P L (Director) | Discretionary sale | 4,990 | $84.56 | $422K |
| 2020-11-02 | Martin Sean (Officer) | Discretionary sale | 10.4K | $79.22 | $823K |
| 2020-11-02 | Martin Sean (Officer) | Discretionary sale | 36.6K | $78.52 | $2.9M |
| 2020-09-14 | FORSYTH JOHN D (Director) | Discretionary sale | 310 | $83.59 | $26K |
| 2020-09-03 | Kunzler Jacqueline (Officer) | Discretionary sale | 5,314 | $85.87 | $456K |
| 2020-08-03 | GAVIN JAMES R III (Director) | Discretionary sale | 3,351 | $86.91 | $291K |
| 2020-08-03 | GAVIN JAMES R III (Director) | Discretionary sale | 11.5K | $86.26 | $996K |
| 2020-06-19 | Accogli Giuseppe (Officer) | Discretionary sale | 72.3K | $85.00 | $6.1M |
| 2020-06-15 | FORSYTH JOHN D (Director) | Discretionary sale | 1,500 | $82.95 | $124K |
| 2020-06-08 | Franzi Cristiano (Officer) | Discretionary sale | 22.7K | $87.96 | $2M |
| 2020-06-08 | Franzi Cristiano (Officer) | Discretionary sale | 23.9K | $87.33 | $2.1M |
| 2020-06-03 | Frye Andrew (Officer) | Discretionary sale | 3,742 | $91.00 | $341K |
| 2020-04-27 | Mason Jeanne K (Officer) | Discretionary sale | 8,669 | $93.74 | $813K |
| 2020-04-27 | Mason Jeanne K (Officer) | Discretionary sale | 38.5K | $92.99 | $3.6M |
| 2020-04-01 | HELLMAN PETER S (Director) | Discretionary sale | 1,800 | $79.05 | $142K |
| 2020-04-01 | HELLMAN PETER S (Director) | Discretionary sale | 2,520 | $80.10 | $202K |
| 2020-04-01 | STROUCKEN ALBERT P L (Director) | Discretionary sale | 1,300 | $78.79 | $102K |
| 2020-04-01 | STROUCKEN ALBERT P L (Director) | Discretionary sale | 3,020 | $80.00 | $242K |
| 2020-03-30 | Martin Sean (Officer) | Open-market buy | 9,780 | $82.19 | $804K |
| 2020-03-18 | FORSYTH JOHN D (Director) | Discretionary sale | 1,500 | $76.70 | $115K |
| 2019-12-13 | FORSYTH JOHN D (Director) | Discretionary sale | 1,500 | $83.64 | $125K |
| 2019-10-14 | Frye Andrew (Officer) | Discretionary sale | 3,332 | $88.00 | $293K |
| 2019-09-13 | FORSYTH JOHN D (Director) | Discretionary sale | 180 | $87.76 | $16K |
| 2019-09-05 | Kunzler Jacqueline (Officer) | Discretionary sale | 5,934 | $88.12 | $523K |
| 2019-08-19 | GAVIN JAMES R III (Director) | Discretionary sale | 7,950 | $87.63 | $697K |
| 2019-06-19 | Kunzler Jacqueline (Officer) | Discretionary sale | 593 | $80.46 | $48K |
| 2019-06-13 | FORSYTH JOHN D (Director) | Discretionary sale | 1,320 | $78.21 | $103K |
| 2019-05-16 | Loeb Daniel S (Director) | Discretionary sale | 5M | $76.37 | $381.9M |
| 2019-05-01 | STALLKAMP THOMAS T (Director) | Discretionary sale | 1,000 | $76.20 | $76K |
| 2019-04-01 | HELLMAN PETER S (Director) | Discretionary sale | 5,680 | $81.89 | $465K |
| 2019-04-01 | STALLKAMP THOMAS T (Director) | Discretionary sale | 1,043 | $82.07 | $86K |
| 2019-04-01 | STROUCKEN ALBERT P L (Director) | Discretionary sale | 5,680 | $81.89 | $465K |
| 2019-03-29 | Pleau Scott (Officer) | Discretionary sale | 9,710 | $80.00 | $777K |
| 2019-03-18 | Accogli Giuseppe (Officer) | Discretionary sale | 38.3K | $76.78 | $2.9M |
| 2019-03-13 | FORSYTH JOHN D (Director) | Discretionary sale | 1,500 | $75.92 | $114K |
| 2019-03-01 | STALLKAMP THOMAS T (Director) | Discretionary sale | 1,000 | $75.16 | $75K |
| 2019-02-01 | STALLKAMP THOMAS T (Director) | Discretionary sale | 1,638 | $73.75 | $121K |
| 2019-01-31 | Mason Jeanne K (Officer) | Discretionary sale | 37.3K | $72.00 | $2.7M |
| 2019-01-18 | STALLKAMP THOMAS T (Director) | Discretionary sale | 3,187 | $70.00 | $223K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.